Truth Speak

My landlord recently raised my rent by 20% after only 12 months in my villa. Does anyone (face the Oracle may) know if the "three year fixed rent law when you first move in" has changed.

I was told by the LL that it applied to the local market value - i.e. the annual rent could be raised at any time but not above the local value - sounds like the goal posts being moved to suit the local team.

If anyone can shed any light on this it'd be much appreciated.

thanks

joseph.creative

no idea sorry... u get my message re the thursday thing.

hmm think the Oracle has gone to do his homework...

Truth Speak

thanks Joe, got it - i've been out for the last 2 days and lost the plot on here - sems to be somewot manic at times.

I'll be there - probably - work permitting.

DubaiExpat

I believe the landlord can only raise it by 10-15%, but if you have a NEW landlord he is allowed to raise it by 20%

Beduoin_Boy

He cannot raise it without prior notice... and yes He can raise it by 20% after 12months.

Truth Speak

thanks for the info - bad news but now I know.

Truth Speak

Thanks - i've just had the notice - oh well time to move.

Face81

Well truth be told, the landlord has the right to raise the rent by upto 20% after 12 months. Thats a major problem here.....I hear people complaing about that all the time. They reel u in with wot appears to be the bargain of the century and one year on, the rent blows up in ur face (no pun intended) and they make up for lost ground in with a single blow. My Dad also received a rent rise notification earlier this year.......was 15% I think. So it is nothing new at all.

Best advice is to check with other tenants in the complex/building before signing a contract. Ask a random sampling of ppl wot their rents are to suss out wot price rise if any, u may be subjected to in the future.

Oh and with the rising oil prices, we have to start feeling the effects sooner or later.........guess rising rents will be one of the first things to go up.

No laws to protect those who rent. Shame really!

Face81

well the Oracle had HW to sort thru and study for 2 possible tests. Glad to say all that is done and dusted. Bring on the tests!!!!hahaha Piece of cake!

New timings are: (drum roll please)

Sun, Tues, Wed: 9:30 AM - 3:40 PM
Mon: 9:30AM - 11:10 AM

A life of luxury! All thanks to my protest! Yay!!!!

Oh and a 3 day weekend. hehehehe

DubaiExpat

Have you considered putting your rental allowance into mortgage repayments? Makes a lot of sense, and if (and I hope this does not happen)
the property market crashes in a way you have not lost anything because it would have been your employer's money you were using to pay for the house.

Beduoin_Boy

Aren't the people to be blamed for this?

Ofcourse the landlords will be greedy after all these real estate people chasing them for higher pay!

This is a major problem here.

joseph.creative

maybe you need your own thread about the AUD!!!? lol

Face81

Not at all!!!! The landlords are just trying to cash in on the extravagently priced housing that is being sold for astonishingly high prices in South Dubai. People who dont buy property there are the ones that are suffering!

Face81

dont get me started about this place u!!!! I would prolly need about 2 billion gigs of space on a server to vent all my opinions about this uni!!!!

And then we wud need to get down to the nitty gritty facts of how things are done and we wud need another 3 billion gigs!lol

joseph.creative

only 3 billion? :scared: